Selling of monuments: What does it mean?
I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link
At 20:08, Friedman says:
Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.
The transcript seems to confirm that this is what he said.
Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?
university tuition
add a comment |
I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link
At 20:08, Friedman says:
Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.
The transcript seems to confirm that this is what he said.
Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?
university tuition
3
I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
Dec 31 '18 at 18:30
1
It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
Dec 31 '18 at 19:13
This was invented in Europe long before the US even existed. For example, the famous Lucasian Chair of Mathematics, held by Isaac Newton and others, came about because Henry Lucas left money in 1663.
– user71659
Jan 2 at 1:27
add a comment |
I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link
At 20:08, Friedman says:
Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.
The transcript seems to confirm that this is what he said.
Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?
university tuition
I am watching the documentary "Free to Choose, Part 6: What's Wrong With Our Schools" at this link
At 20:08, Friedman says:
Many of the buildings and facilities at Dartmouth have been donated by
private individuals and foundations. Like other private universities,
Dartmouth has combined the selling of monuments with the provision of
education and the one activity reinforces the other.
The transcript seems to confirm that this is what he said.
Since I am in Europe and I don't have any experience with US education, what is the "selling of monuments"? Is Dartmouth College really selling monuments like bronze statues? How does it make a profit doing that?
university tuition
university tuition
edited Dec 31 '18 at 18:23
Buffy
54.7k16175268
54.7k16175268
asked Dec 31 '18 at 18:20
raffamaidenraffamaiden
1405
1405
3
I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
Dec 31 '18 at 18:30
1
It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
Dec 31 '18 at 19:13
This was invented in Europe long before the US even existed. For example, the famous Lucasian Chair of Mathematics, held by Isaac Newton and others, came about because Henry Lucas left money in 1663.
– user71659
Jan 2 at 1:27
add a comment |
3
I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
Dec 31 '18 at 18:30
1
It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
Dec 31 '18 at 19:13
This was invented in Europe long before the US even existed. For example, the famous Lucasian Chair of Mathematics, held by Isaac Newton and others, came about because Henry Lucas left money in 1663.
– user71659
Jan 2 at 1:27
3
3
I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
Dec 31 '18 at 18:30
I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
Dec 31 '18 at 18:30
1
1
It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
Dec 31 '18 at 19:13
It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
Dec 31 '18 at 19:13
This was invented in Europe long before the US even existed. For example, the famous Lucasian Chair of Mathematics, held by Isaac Newton and others, came about because Henry Lucas left money in 1663.
– user71659
Jan 2 at 1:27
This was invented in Europe long before the US even existed. For example, the famous Lucasian Chair of Mathematics, held by Isaac Newton and others, came about because Henry Lucas left money in 1663.
– user71659
Jan 2 at 1:27
add a comment |
1 Answer
1
active
oldest
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Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.
When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.
Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.
Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.
Some publicly funded institutions do the same thing, of course.
add a comment |
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Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.
When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.
Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.
Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.
Some publicly funded institutions do the same thing, of course.
add a comment |
Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.
When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.
Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.
Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.
Some publicly funded institutions do the same thing, of course.
add a comment |
Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.
When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.
Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.
Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.
Some publicly funded institutions do the same thing, of course.
Many private schools and other private institutions ask donors for money. Often what they offer in return is naming rights to a classroom or a lecture series. The big items are football stadiums and such.
When I was a kid and our church wanted to build a new school they offered naming rights to things, such as classrooms. The donor would get a plaque. One local library "sells" bricks with brass plaques that are arrayed around the entrance to the building.
Of course, this is in addition to the major donors who put up an entire building or fund a professorial chair.
Usually the "monument" isn't a big thing taking up space, just a visual recognition of a donation. Nor is it usually a donation big enough to actually fund the thing in question. It adds a bit of revenue at little cost. It gives "bragging rights" to donors.
Some publicly funded institutions do the same thing, of course.
answered Dec 31 '18 at 18:32
BuffyBuffy
54.7k16175268
54.7k16175268
add a comment |
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3
I suppose this refers to naming a library, a gym, a stadium, a dormitory or any other campus building after a donor.
– henning
Dec 31 '18 at 18:30
1
It's an interpretation of the fact in the first sentence. Buildings = monuments (poetically).
– Daniel R. Collins
Dec 31 '18 at 19:13
This was invented in Europe long before the US even existed. For example, the famous Lucasian Chair of Mathematics, held by Isaac Newton and others, came about because Henry Lucas left money in 1663.
– user71659
Jan 2 at 1:27